Looking to invest in a income producing 4 plex? Welcome to 409 E 8th in Alton. 4 units with 2 bedrooms and 2 bathrooms each, unit 2 was remodeled in in 2022, unit 3 was remodeled in 2020, 3 of the 4 tenants are long term. Interior photos are from units 2 and 3 after they were remodeled. Other improvements include new gutters in 2021, new electric meter base with external disconnect in 2021, waterproofing system with vapor barrier and humidifier in 2022, water line insulated in 2022, and all of the a/c units were serviced in 2022. Units 1 and 4 include the refrigerator and stove, units 2 and 3 include the refrigerator, stove, microwave, washer, and dryer (new with the unit remodel),
Multi-familyProperty Type
1980Year Built
6,970 sq ftLot Size
$73Price/Sq.Ft.
Listed by Chris Seniker• Re/Max Alliance
Listed by Sarah Seniker• Re/Max Alliance
Bought with Antione Williams• Tarrant And Harman Real Estate
EXCELLENT INVESTMENT OPPORTUNITY! Well maintained and fully leased 4-unit apartment building. All town home style apartments, approximately 992 sf each, with 2 bedrooms and full bath on upper level, LR/K on main level. All units occupied by long-term tenants. Tenant pays all utilities except for trash and sewer.
Year
Property tax
Land + Additions
Assessment*
2025
$5,496 (+8.9%)
$4,100 + $64,560
$68,660
2024
$5,049 (+6.4%)
$4,100 + $64,560
$68,660
2023
$4,744 (+6.6%)
$3,710 + $58,400
$62,110
2022
$4,449 (+1.9%)
$3,030 + $47,680
$50,710
2021
$4,366 (−1.0%)
$3,030 + $47,680
$50,710
2019
$4,411 (+2.7%)
$2,850 + $44,810
$47,660
2018
$4,293 (+1.5%)
$2,690 + $42,230
$44,920
2017
$4,232 (+2.0%)
$2,620 + $41,120
$43,740
2016
$4,148 (−2.4%)
$2,620 + $41,120
$43,740
2015
$4,251 (+7.8%)
$2,620 + $41,120
$43,740
2013
$3,942
$2,690 + $42,240
$44,930
Tax history for 409 E 8th
Year
Property tax
Land + Additions
Assessment*
2025
$5,496 (+8.9%)
$4,100 + $64,560
$68,660
2024
$5,049 (+6.4%)
$4,100 + $64,560
$68,660
2023
$4,744 (+6.6%)
$3,710 + $58,400
$62,110
2022
$4,449 (+1.9%)
$3,030 + $47,680
$50,710
2021
$4,366 (−1.0%)
$3,030 + $47,680
$50,710
2019
$4,411 (+2.7%)
$2,850 + $44,810
$47,660
2018
$4,293 (+1.5%)
$2,690 + $42,230
$44,920
2017
$4,232 (+2.0%)
$2,620 + $41,120
$43,740
2016
$4,148 (−2.4%)
$2,620 + $41,120
$43,740
2015
$4,251 (+7.8%)
$2,620 + $41,120
$43,740
2013
$3,942
$2,690 + $42,240
$44,930
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
2
Stories
—
Lot width
60 ft.
Lot depth
120 ft.
Lot size
7,200 Sq. Ft.
Year renovated
—
Sq. Ft.
1,920
Year built
1980
Style
Multi-Family (2-4 Unit)
County
Madison County
APN
232071120403008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Property details
Parking
Parking Information
Parking Features: Off Street, On Street, Unassigned
Interior
Heating & Cooling
Has Heating
Heating Information: Individual Furnaces
Cooling Information: Electric
Interior Features
Appliances: Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Washer/Dryer
Multi-Family Financial Information
Operating Expense Includes: Insurance, Taxes, Trash, Other
Net Operating Income: $26,620
Unit Type 1 Information
# of Bedrooms: 2
Unit Type 2 Information
# of Bedrooms: 2
Unit Type 3 Information
# of Bedrooms: 2
Unit Type 4 Information
# of Bedrooms: 2
Exterior
Building Information
Construction Materials: Cedar
Property Information
Ownership Type: Private
Property Type: Residential Income
Property Sub Type: Multi-Family 2-4
Above Grade Finished Area: 3,968
Above Grade Finished Area Source: Other
Lot Information
Lot Size Acres: 0.16
Lot Size Dimensions: 60X120
Lot Size Source: County Records
Financial
Tax Information
Tax Annual Amount: $4,449
Tax Year: 2022
Lease / Rent Details
Tenant Pays: Electricity, Sewer, Water
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
School Information
Elementary School: ALTON DIST 11
Middle Or Junior High School: ALTON DIST 11
High School: Alton
High School District: Alton DIST 11
Location Information
Directions: Henry to East 8th
Cross Street: Henry
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 1,920
Stories: —
Lot Size: 7,200 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1980
Year Renovated: —
County: Madison County
APN: 232071120403008
Home facts updated by county records on Jul 21, 2026
Around this home
Schools
North Elementary School
Public 2-5 • Assigned • 3.8mi
4/10
Alton Middle School
Public 6-8 • Assigned • 1.6mi
4/10
Alton High School
Public 9-12 • Assigned • 3.0mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Alton, IL • 62002
Average low and high temperatures (°F)
36
19
45
27
64
41
70
50
74
56
85
67
89
73
85
66
83
62
73
52
56
41
44
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 4.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.8 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
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